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News of a potential US strategic reserve for rare earth metals, driven by China's attempts to manipulate the market, have driven up shares of several rare earth miners.

Before G8 and G20 summits in Toronto next month can discuss a proposed global bank tax, Canada, whose banks stood out during the economic meltdown, has mounted an international effort to scuttle the idea. To get the US, India, China and other economies on their side and scuttle the idea, three Canadian ministers have reached Washington, Mumbai and Shanghai.

Meta Platforms Inc on Friday said that it is adding the ability to socialize in virtual reality with an update to its Quest 2 headsets in another step toward the metaverse.